28 lines
724 B
Markdown
28 lines
724 B
Markdown
# Bearish Engulfing
|
|
|
|
A simple swing trading strategy based on the bearish engulfing candle pattern.
|
|
|
|
## Rules
|
|
|
|
1. Enter a long trade at the next open following a bearish engulfing candle.
|
|
2. Exit the trade when the close is higher than the previous day's high.
|
|
|
|
## Parameters
|
|
|
|
N/A
|
|
|
|
## Backtest Results
|
|
|
|
### SPY
|
|
|
|
![SPY Analysis](https://static.moshington.com/images/strategies/bearish-engulfing/spy-analysis.png)
|
|
|
|
![SPY Summary](https://static.moshington.com/images/strategies/bearish-engulfing/spy-summary.png)
|
|
|
|
### QQQ
|
|
|
|
![QQQ Analysis](https://static.moshington.com/images/strategies/bearish-engulfing/qqq-analysis.png)
|
|
|
|
![QQQ Summary](https://static.moshington.com/images/strategies/bearish-engulfing/qqq-summary.png)
|
|
|
|
--- |